Country comparison Latvia vs Singapore

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Gouvernement
GDP Growth (%) [+]20240%chart4.4%2024GDP Growth (%) [+]
Qu. GDP Per Capita [+]2025Q35,760K
Annual GDP [+]2024€40,359Mchart€505,877M2024Annual GDP [+]
Annual GDP [+]2024$43,684Mchart$547,387M2024Annual GDP [+]
GDP per capita [+]2024€21,640chart€83,7982024GDP per capita [+]
GDP per capita [+]2024$23,243chart$90,6742024GDP per capita [+]
Quarterly GDP [+]2025Q3€10,696M
Debt (M.€.) [+]202418,802chart895,4062024Debt (M.€.) [+]
Debt ($M) [+]202420,343chart968,8792024Debt ($M) [+]
Debt (%GDP) [+]202446.60%chart174.30%2024Debt (%GDP) [+]
Debt Per Capita [+]2024€10,125chart€148,3202024Debt Per Capita [+]
Debt Per Capita [+]2024$10,955chart$160,4902024Debt Per Capita [+]
Deficit (M.€) [+]2024-732chart22,7362024Deficit (M.€) [+]
Deficit ($M) [+]2024-793chart24,6022024Deficit ($M) [+]
Deficit (%GDP) [+]2024-1.80%chart4.43%2024Deficit (%GDP) [+]
Expenditure (M.€) [+]202418,418.9chart74,538.22024Expenditure (M.€) [+]
Expenditure ($M) [+]202419,346.4chart80,654.42024Expenditure ($M) [+]
Education Expenditure (M.€) [+]20221,558.7chart11,083.82024Education Expenditure (M.€) [+]
Education Expenditure ($M) [+]20221,642.1chart11,993.22024Education Expenditure ($M) [+]
Education Expenditure (%Bud.) [+]20229.92%chart11.99%2025Education Expenditure (%Bud.) [+]
Gov. Health Exp. (M.€) [+]20241,847,488,000.0chart12,271.02023Gov. Health Exp. (M.€) [+]
Gov. Health Exp.($M) [+]20241,999,684,061.4chart13,272.02023Gov. Health Exp.($M) [+]
Gov. Health Exp. (%Bud.) [+]20239.91%chart17.39%2023Gov. Health Exp. (%Bud.) [+]
Defence Expenditure (M.€) [+]20241,314.9chart14,375.82024Defence Expenditure (M.€) [+]
Defence Expenditure ($M) [+]20241,423.2chart15,555.42024Defence Expenditure ($M) [+]
Defence Expenditure (%Bud.) [+]20247.49%chart20.13%2024Defence Expenditure (%Bud.) [+]
Expenditure (%GDP) [+]202445.60%chart14.51%2024Expenditure (%GDP) [+]
Expenditure Per Capita [+]2024€9,919chart€12,3472024Expenditure Per Capita [+]
Expenditure Per Capita [+]2024$10,418chart$13,3602024Expenditure Per Capita [+]
Education Expenditure P.C [+]2022€826chart€1,8362024Education Expenditure P.C [+]
Education Expenditure P.C [+]2022$876chart$1,9872024Education Expenditure P.C [+]
Gov. Health Exp. P.C. [+]2024€987chart€2,1202023Gov. Health Exp. P.C. [+]
Gov. Health Exp. P.C. [+]2024$1,068chart$2,2932023Gov. Health Exp. P.C. [+]
Defence Expenditure P.C. [+]2024€705chart€2,3812024Defence Expenditure P.C. [+]
Defence Expenditure P.C. [+]2024$757chart$2,5772024Defence Expenditure P.C. [+]
Moody's Rating [+]01/26/2024A3Aaa05/27/2024Moody's Rating [+]
S&P Rating [+]05/31/2024AAAA03/06/1995S&P Rating [+]
Fitch Rating [+]04/10/2020A-AAA08/23/2019Fitch Rating [+]
Corruption Index [+]202360chart832023Corruption Index [+]
Competitiveness Ranking [+]201941ºchart1º2019Competitiveness Ranking [+]
Fragile States Index [+]202441.4chart25.42024Fragile States Index [+]
RTI Raking [+]2024107º
Innovation Ranking [+]202442ºchart4º2024Innovation Ranking [+]
Labour
Unemployment Rate [+]November 20257.1%
Unemployment rate [+]2025Q36.9%chart2.4%2023Q4Unemployment rate [+]
Unemployed [+]2025Q366Kchart59K2023Q4Unemployed [+]
NMW [+]2025$839.1
NMW [+]2025€740.0
Average Wage [+]2024$21,838
Average Wage [+]2024€20,176
Human Capital Ranking [+]201728ºchart11º2017Human Capital Ranking [+]
Markets
1.496201/16/2026Euro / Singapore dollars [+]
US Dollar exchange rate [+]01/16/20260.8608chart1.287301/16/2026US Dollar exchange rate [+]
Stock ExchangeYTD % [+]01/19/20261.17%chart4.37%01/16/2026Stock ExchangeYTD % [+]
Prices
CPI (overall index) [+]December 20253.5%
HICP [+]December 20253.4%
PPI Year on Year [+]November 20251.4%
Money Market
Key rates [+]06/11/20252.15%
Business
Doing Business [+]202019ºchart2º2020Doing Business [+]
IPI Year on Year [+]November 20256.9%
Passengers vehicles Year [+]December 202433,318chart76,476December 2019Passengers vehicles Year [+]
Annual Vehicles/ 1,000 p. [+]December 202211.20chart15.94December 2019Annual Vehicles/ 1,000 p. [+]
Vehicles / 1,000 people [+]2021457.35chart146.952015Vehicles / 1,000 people [+]
Taxes
Tax Revenue (%GDP) [+]202435.4%chart12.1%2022Tax Revenue (%GDP) [+]
Standard VAT [+]07/01/201221.00%chart7.00%01/01/2008Standard VAT [+]
Top tax rate + SSC [+]202231.4%chart22.0%2020Top tax rate + SSC [+]
Trade
Annual arrivals [+]2021478,000chart5,344,0002022Annual arrivals [+]
Exports [+]2024€19,073.9Mchart€440,443.5M2023Exports [+]
Exports [+]2024$20,645.2Mchart$476,251.5M2023Exports [+]
Exports % GDP [+]202447.26%chart94.25%2023Exports % GDP [+]
Imports [+]2024€21,917.7Mchart€391,610.0M2023Imports [+]
Imports [+]2024$23,723.3Mchart$423,447.9M2023Imports [+]
Imports % GDP [+]202454.31%chart83.80%2023Imports % GDP [+]
Trade balance [+]2024€-2,843.7Mchart€48,833.5M2023Trade balance [+]
Trade balance [+]2024$-3,078.1Mchart$52,803.6M2023Trade balance [+]
Trade balance % GDP [+]2024-7.05%chart10.45%2023Trade balance % GDP [+]
Retail Sales YoY [+]November 20252.9%
Socio-Demography
Global AgeWatch Ranking [+]201535º
Density [+]202429chart8,2932024Density [+]
Global Peace Ranking [+]202430ºchart5º2024Global Peace Ranking [+]
Crude divorce rate [+]20232.80‰
Remittance received ($M) [+]20171,090.0
% Immigrant [+]202012.65%chart44.38%2020% Immigrant [+]
% Emigrant [+]202020.07%chart6.13%2020% Emigrant [+]
Birth Rate [+]20246.90‰chart7.40‰2023Birth Rate [+]
Remittance sent ($M) [+]2017335.2chart6,176.22017Remittance sent ($M) [+]
Crude death rate [+]202414.30‰chart6.20‰2023Crude death rate [+]
Fertility Rate [+]20231.36chart0.972023Fertility Rate [+]
Crude marriage rate [+]20235.60‰
% risk of poverty [+]202421.6%
Population [+]20241,856,932chart6,037,0002024Population [+]
Immigrant stock [+]2020239,422chart2,523,6482020Immigrant stock [+]
Emigrant stock [+]2020380,010chart348,4642020Emigrant stock [+]
HDI [+]20220.879chart0.9492022HDI [+]
Gender Gap Ranking [+]202430ºchart48º2024Gender Gap Ranking [+]
Life expectancy [+]202476.70chart82.902023Life expectancy [+]
Suicides [+]2023267chart5552015Suicides [+]
Suicide rate [+]202314.20chart10.032015Suicide rate [+]
Number of homicides [+]202347chart42023Number of homicides [+]
Rate Homicides per 100.000 [+]20232.50chart0.072023Rate Homicides per 100.000 [+]
Energy and Environment
CO2 Tons per capita [+]20233.56chart9.382023CO2 Tons per capita [+]
Consumption GWh [+]20236,664chart56,6722023Consumption GWh [+]
Generation GWh [+]20236,202chart56,8412023Generation GWh [+]
Others
COVID-19 - Deaths [+]12/28/20257,679chart2,02412/28/2025COVID-19 - Deaths [+]
COVID-19 - Confirmed [+]12/28/2025977,788chart3,006,15512/28/2025COVID-19 - Confirmed [+]
Fully vaccinated [+]07/11/20221,305,976chart5,248,69308/29/2023Fully vaccinated [+]
COVID-19 - Deaths per million population [+]12/28/20254,135.32chart335.2712/28/2025COVID-19 - Deaths per million population [+]
Doses administered [+]12/23/20232,979,624chart15,302,53008/29/2023Doses administered [+]
Latvia
Singapore